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Enthusiastically appreciated hosting graduate (4,3)

Ross

I believe the answer is:

like mad

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'enthusiastically' is the definition.
Both the answer and definition are adverbs. Perhaps there's an association between them I don't understand?

'appreciated hosting graduate' is the wordplay.
'appreciated' becomes 'liked' (I've seen this before).
'hosting' indicates putting letters inside (inserted letters are welcomed in or hosted).
'graduate' becomes 'MA' (abbreviation for Master of Arts).
'liked' enclosing 'ma' is 'LIKE MAD'.

Can you help me to learn more?

(Other definitions for like mad that I've seen before include "With great intensity, energy, or enthusiasm" , "With furious enthusiasm" , "Furiously" , "Very quickly" , "wildly" .)

I've seen this clue in The Times.
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